Accounts Payable and Accrued Expenses

3 Months Ended

Mar. 31, 2015

6.	Accounts Payable and Accrued Expenses:

Accounts payable and accrued expenses consist of the following (in thousands):


	March 31, 2015		December 31, 2014

Accounts payable	$	22,826	$	32,783
Accrued salaries and bonuses		80,541		231,390
Accrued payroll taxes and benefits		40,379		49,858
Accrued professional liabilities		20,432		19,718
Accrued contingent consideration		18,264		17,010
Other accrued expenses		29,848		29,899

	$	212,290	$	380,658

The net decrease in accrued salaries and bonuses of $150.8 million, from December 31, 2014 to March 31, 2015, is primarily due to the payment of performance-based incentive compensation, principally to the Company’s physicians, partially offset by performance-based incentive compensation accrued during the three months ended March 31, 2015. A majority of the Company’s payments for performance-based incentive compensation is paid annually in the first quarter.